Excess ITC of FY 20-21 can be claimed in April 21

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20 Points Posted on 25 April 2021
if there is excess ITC of FY 20-21, can it be claimed in April 21-GSTR 3B return?
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On 25 April 2021 at 20:17 Report
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Yes, you can claim any excess Input Tax Credit (ITC) from the financial year 2020-21 in your April 2021 GSTR 3B return. Section 16(4) of the CGST Act, 2017, does not prevent you from claiming eligible ITC. This applies to eligible ITC on purchases, including items like office air conditioners.

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Practice
20 Points Posted on 25 April 2021
Yes you can if it is eligible
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On 25 April 2021 at 20:34
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Chartered Accountant
20 Points Posted on 25 April 2021
Yes ITC can be claimed
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On 25 April 2021 at 20:50
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20 Points Posted on 25 April 2021
Yes you can claim itc
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On 25 April 2021 at 22:10
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QUALIFIED CHARTERED ACCOUNTANT
20 Points Posted on 26 April 2021

Yes, you can claim , section 16(4) of the CGST act, 2017 will not barred you to take such ITC.

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On 26 April 2021 at 00:08
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ACCOUNTANT
20 Points Posted on 26 April 2021
Can we claim ITC On the purchase of airconditioner for office.
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On 26 April 2021 at 04:23
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CA
20 Points Posted on 07 May 2021

Yes you can claim excess Input tax credit ( ITC )of  FY 20-21 can be claimed in April 21

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On 07 May 2021 at 14:47

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